Lakeridge Wealth Management LLC Has $7.73 Million Stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS)

Lakeridge Wealth Management LLC lifted its holdings in shares of Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 25.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,720 shares of the company’s stock after purchasing an additional 15,991 shares during the period. Avantis U.S. Equity ETF comprises approximately 4.0% of Lakeridge Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Lakeridge Wealth Management LLC’s holdings in Avantis U.S. Equity ETF were worth $7,727,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AVUS. Strategic Financial Concepts LLC increased its holdings in Avantis U.S. Equity ETF by 11,619.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 19,954,274 shares of the company’s stock worth $21,023,000 after buying an additional 19,784,005 shares during the last quarter. Life Planning Partners Inc grew its position in shares of Avantis U.S. Equity ETF by 9,594.1% during the 4th quarter. Life Planning Partners Inc now owns 953,900 shares of the company’s stock valued at $92,000 after acquiring an additional 944,060 shares during the period. Ridgeline Wealth LLC bought a new position in shares of Avantis U.S. Equity ETF during the 4th quarter valued at approximately $26,663,000. Bridgewater Advisors Inc. increased its stake in shares of Avantis U.S. Equity ETF by 62.4% during the 4th quarter. Bridgewater Advisors Inc. now owns 512,944 shares of the company’s stock worth $49,853,000 after purchasing an additional 197,030 shares during the last quarter. Finally, Tanager Wealth Management LLP raised its holdings in shares of Avantis U.S. Equity ETF by 76.4% in the 4th quarter. Tanager Wealth Management LLP now owns 416,248 shares of the company’s stock worth $40,347,000 after purchasing an additional 180,271 shares during the period.

Avantis U.S. Equity ETF Trading Up 0.1 %

Shares of NYSEARCA AVUS opened at $101.07 on Friday. The stock has a fifty day simple moving average of $99.30 and a two-hundred day simple moving average of $96.53. Avantis U.S. Equity ETF has a 1-year low of $83.68 and a 1-year high of $102.23. The firm has a market cap of $7.29 billion, a price-to-earnings ratio of 17.22 and a beta of 1.00.

About Avantis U.S. Equity ETF

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.